I negotiate Greek it approves 4 billion cuts of budget new Dollar
Linkedin

I negotiate Greek it approves 4 billion cuts of budget new Dollar

Brussels : Belgium | Mar 05, 2012 at 9:20 AM PST
XX XX
Views: Pending
 
Greece has a debt of over 294 billion euros

Tuesday the Greek parliament approved another one 4 billion dollars you cut of budget, how asked for from the EU, in manner that the Greece can obtain economical loans of assistance or of a new rescue. I project of Tuesday it expects the cut of the retirement of the public employees - part of a most spacious budget of cuts of packet and of the other economical reforms. The minister of the Finances Evangelos Venizelos said that the cut action dramatic pension. But, it the parliament said immediately it should approve the whole packet of cuts before the meeting of ministers of the Finances of the zone euro the Giovedi. It said that the Greece should show its credibility to the ministers of the zone euro. In person hundred that protested the cuts to the pensions of the police and of the fireman the capital one Athens the Tuesday, dicendo that cannot receive further financial sacrifices. Some of the demonstrators they burn the image of a flag with the svastica or an emblem of the Germany Nazi. A lot Greek the fault to the German, the most large economy in Europe, the Eu will ask for cutting cuts of budget. Ministers of the zone euro approved the past week 172 billion new dollars of rescues for the Greece - its packet of help the second one in two years. The private creditors besides agreed of coupon the Greek debt to them, that eliminates 142 billion dollars of debt of the country. Nevertheless, the packet of rescue and the elimination of the debt asks for the Greece to take drastic measures, that the smaller wages clearly the cut and the removal of thousands of work places of civil service

1 of 9
Next
I negotiate Greek it approves 4 billion cuts of budget new Dollar
I negotiate Greek it approves 4 billion cuts of budget new Dollar.
sonemahewal is based in Islamabad, Federal Capital Area, Pakistan, and is a Reporter for Allvoices.
Report Credibility
 
  • Clear
  • Share:
  • Share
  • Clear
  • Clear
  • Clear
  • Clear
 
 
 
Advertisement
 

News Stories

 
  • Greek bond swap sees more takers as deadline nears

      AP Online
    Greece saw participation by private investors in its massive debt relief deal rise on Wednesday, a little over 24 hours before the deadline for acceptances, bringing the country closer to avoiding default. Private investors owning about...
  • Greece bank deposits down by $92.5 bn since 2009

      The Economic Times
    Bank deposits in Greece have fallen by (euro) 70 billion ($92.5 billion) since the start of the crisis in 2009, the finance minister said on Monday, an indication of the massive loss of confidence in the economy as it repeatedly came close to...
  • Deadline Looms For Greece To Reach Deal With Bondholders

      International Business Times
    Articles Estimates varied from 57 percent to 60 percent Thursday morning as to how much of the $270.9 billion in Greek debt is being tendered voluntarily for a restructruing that is a condition for Greece to get a $172 billion payment from the...
  • Greece debt-swap deal almost at the corner

      International Business Times
    Text Size Today as we know dear reader Greece is facing a critical deadline to meet requirements and strike a debt-swap deal with the private sector as the nation attempts to restructure around 100 billion euros of current debt in order to avoid a...
  • More investors sign up for Greek bond swap

      Turks and Caicos Free Press
    Private investors holding some 95 billion ($125 billion) in Greek bonds said Wednesday that they will participate in a massive debt relief for the struggling country, bringing Athens closer to avoiding default. The Institute of International Finance ,...
  • Euro rises vs dollar ahead of Greek bond swap

      AP Online
    The euro turned higher against the dollar as more investors agreed to participate in Greece's debt restructuring deal. Greece needs to complete the bond swap to get its second package of bailout funds and avoid default. Investors who...

Blogs

 >
  • Monday, February 27 – Mr. Ells

      wp.lps.org
    Please work with your assigned Europe and Russia Tour partner to complete “The Cradle of Western Civilization” section of the “Ancient Greece” Fill-in-the-blanks packet after reading the “Ancient Greece” packet. 2. View “Last Stand of the ...
  • Wednesday, March 29 – Mr. Ells

      wp.lps.org
    Warm Up: Please work with your assigned Europe and Russia Tour partner to complete “Persia” section of the “Ancient Greece” Fill-in-the-blanks packet after reading the “Ancient Greece” packet. Class Work: View “Last Stand of the 300” with ...

Images

 >
 

More From Allvoices

Report Your News Got a similar story?
Add it to the network!

Or add related content to this report



Use of this site is governed by our Terms of Use Agreement and Privacy Policy.

© Allvoices, Inc. 2008-2014. All rights reserved. Powered by PulsePoint.